5 Benefits of Group Health Insurance Coverage

Posted on: 9 August 2021

With a group health insurance policy, a business organization can cater to the needs of its employees. By spreading risks, this type of health insurance is more affordable and is better than each employee paying individual premiums. It has the following features:

  • It covers diagnostics, anesthesia, oxygen, and boarding expenses

  • It provides a cashless way of settling hospital bills

  • It may pay for domiciliary hospitalization

  • It offers coverage of the pre-hospitalization and post-hospitalization expenses

  • It may cover chemotherapy, tonsillectomy, and eye surgery

Benefits of Group Health Insurance Coverage

Group health insurance comes with several benefits, including the following:

Lower Insurance Costs

Compared to individual or family health insurance policies, group health is very affordable. That's because the employees share the cost of premiums among themselves, reducing the amount paid by each individual.

Making Employees Feel Valued

One of the ways a company can care for its employees is by taking out group insurance plan for them. Thus, the employees do not have to go out looking for individual health insurance coverage. Since they feel valued, the employees will keep working harder to deliver the best possible results.

Includes Family Protection

Group health insurance covers much more than just the employees concerned. It includes family members such as spouses and children. The insurance policy reduces the expenses an employee would have to pay to treat a loved one by protecting the employee's dependents. Because of the all-inclusive coverage, family members do not have to purchase a separate floater health insurance plan. Furthermore, the employee doesn't have to pay additional premiums out-of-pocket.

Comes with Added Benefits

Apart from the employees, a group health insurance plan covers their family members. Therefore, it caters to the needs of many people, increasing its benefits. Each of the individuals under the coverage benefits from hospitalization expenses, pre-existing diseases, and so on.

Easy to Make Claims

Having to run around looking for health insurance providers can be frustrating, especially if you or a family member is in hospital. With group health insurance coverage, all you need to do is reach out to your provider with the hospital bills. It is up to the provider to follow up on the claims until they are approved.


Every employer must take out group health insurance to cater to the needs of the employees. An employee will enjoy some benefits, including an easy claim process, added benefits, family protection, lower insurance costs, and motivation. With a great group health insurance provider; you will enjoy the benefits above and more.


Little-known Insurance Tips

While I have had auto insurance ever since I bought my first car at 16 years old and home insurance ever since I bought my first home several years ago, I have to admit that over the years I knew very little about insurance. I tended to just look at the price of the coverage and sign the paperwork without really looking into the pros and cons of each policy. After my friend was in a car accident recently (thankfully, she is okay!) and she said she had to pay for some of the damage to the other vehicle out-of-pocket even though she had a minimum state coverage auto insurance policy, I decided to put a lot of careful research into insurance policies and what they really offer. I want to help others by sharing the information I have learned on a blog. I hope I can help you!